What will set you apart in today’s banking world? The secret to sustained success comes down to one thing: the customer experience. And it’s here that the new breed of insurgent neobanks are streaking ahead of their incumbent rivals.

The insurgent threat

Fast, attractive and easy-to-use offerings are helping challenger banks around the world to grab market share. 

Financial IT speaks with Gustav Korobov, Senior Sales Executive of Advapay OÜ at PayExpo 2019.

The green bond market has grown massively, and green bond investors’ needs are evolving all the time. Back in 2014, when Solactive established its first Green Bond Index, only 14 bonds were eligible for inclusion. Today, it includes 319 bonds (as at 02/10/2019). This index now also serves as the basis of Solactive’s first ESG-screened green bond Index – Solactive Green ESG Bond EUR USD IG TR Index. Both indices place a unique emphasis on projects and assets seeking to make the greatest contributions to reducing CO2 emissions.

TSB today celebrates the opening of its new and modern City of London flagship branch, which is located on one of London’s busiest high streets, at 55 Bow Bells House, Cheapside.  TSB marked the special occasion with a ribbon cutting event attended by Sir Roger Gifford, local Alderman, and Alexander Barr, Common Councilman for Cordwainer Ward in the City of London.

Alfa-Bank and Novolipetsk Steel Company (NLMK), in cooperation with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via the Marco Polo international trade finance network. For Marco Polo, it is the first Russian-German import-export operations financing project.
 

HYPER, the London-based startup born from the EIT Digital-supported “HyperCRC” innovation activity, has launched a spatial design platform that fuses virtual reality with real, motion-tracked models, enabling companies and clients to physically experience their visions.

HYPER will help them save time and money, while drastically reducing waste during the prototyping design phase.

American Financial Resources, Inc. (AFR) announced today it is working together with Finicity—a leading provider of real-time financial data access and insights, to provide its business partners and their borrowers with a faster, simpler and more secure way to verify assets and income while originating loans.

Working in association with Mastercard and Accomplish Financial, The Royal Mint has today announced production of the world’s first hallmarked precious metals payment card. The solid gold payment card is designed for individuals who wish to access the exclusive benefits of a Raris account and for those who value high quality luxury items that make a statement.

The prestigious 18kt gold Raris card is personalised for each Raris accountholder, with their name and signature directly engraved into the precious metal.

OpenFin, the operating system (OS) of finance, today announces that BNP Paribas has built and deployed their single dealer FX platform, Cortex LIVE, on OpenFin OS.

Cortex LIVE offers users more intelligent execution methods, greater transparency and enhanced controls. The platform features a real-time market intelligence portal, Insight LIVE, data visualisation and the FX industry’s first real-time digital trading assistant, ALiX.